119 Tanglewood TRL, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $294,492. Based on how the local market is moving, a list price between $322,000 and $324,000 would position this home well. This pricing would rank the home as the most expensive of 2 comparable homes on the market in CEDAR HILLS's current inventory. The smaller floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. At 14 years older than typical comps, the 1983 build date influences the valuation. 2 similar homes are currently available in CEDAR HILLS, creating a buyer's market for this price range. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 115 Pine Cone LN, Elgin TX 78621 at an adjusted value of $335,565, with a larger floor plan. With 7 comparable sales in CEDAR HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group